Find Cheap Hotels in Waterloo, London from $108

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Top Waterloo Cheap Hotels

Park Plaza County Hall London

4.0 star property
London City Centre
9.2 out of 10, Wonderful, (2580)
"Great hotel"
United States
Hany
$193 nightly
The price is $232
Jan 4 - Jan 5, 2026
Total with taxes and fees
Park Plaza County Hall London

Point A Hotel - Westminster, London

3.0 star property
London City Centre
7.8 out of 10, Good, (1004)
"All in all a comfortable stay 👍"
United Kingdom
Steven
$90 nightly
The price is $108
Jan 4 - Jan 5, 2026
Total with taxes and fees
Point A Hotel - Westminster, London

Park Plaza London Westminster Bridge

4.0 star property
London City Centre
8.8 out of 10, Excellent, (5367)
"Comfy beds and pillows m, staff was great!"
United States
Sean
$211 nightly
The price is $253
Jan 5 - Jan 6, 2026
Total with taxes and fees
Park Plaza London Westminster Bridge
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Find out more about Waterloo

Discover cheap things to do in Waterloo

Waterloo, located just south of the River Thames, is a vibrant neighborhood that offers plenty of affordable activities for travelers looking to explore without breaking the bank. Start your adventure at the iconic Waterloo Station, a beautiful Victorian railway hub filled with shops and eateries, perfect for a leisurely stroll. Just a short walk away, you can enjoy the stunning views from the Southbank Centre, where art exhibitions and free events often take place along the riverfront. For a taste of local culture, visit the nearby Imperial War Museum, which offers free entry and fascinating exhibits that will engage both adults and children alike. Food lovers can indulge in budget-friendly delights at Borough Market, where you can sample artisanal products and gourmet street food without overspending. Finally, take a relaxing walk through the picturesque Jubilee Gardens, which features lovely green spaces and playgrounds, making it a perfect spot for families to unwind. Staying in affordable hotels in Waterloo means you’ll have easy access to all these attractions, along with the convenience of being near public transport. Many budget hotels in the area offer modern amenities and attentive guest service, ensuring you feel pampered without the high price tag.

Top Waterloo Hotel Reviews

Frequently asked questions

What is Waterloo like for travelers on a budget?
Waterloo has cheap accommodation options and a range of things to see and do, making it a great vacation choice for budget-conscious travelers. In addition to its well-known attractions like London Eye, this destination is home to Thames River and Thames Path, which you can enjoy while spending very little.
What's the best budget-friendly accommodation in Waterloo?
Based on reviews, Park Plaza County Hall London is a popular hotel for our travelers who want a more economical choice, and features free WiFi and air conditioning. Another top option for your stay on the cheap is Point A Hotel - Westminster, London.
What is there to see and do in Waterloo?
Waterloo attracts visitors with its top museums and theater scene, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions on your list, such as London Eye and Trafalgar Square, and then make time for other wallet-friendly activities. If you're looking to enjoy the area's natural beauty, you can get outdoors at Thames River, Thames Path, or Jubilee Gardens.
How can I get to Waterloo and get around on a budget?
Checking out these ways to get around Waterloo can help keep you on budget. The nearest airport is London City Airport (LCY), 7 mi (11.3 km) away. If that doesn't suit your budget, the next closest is 14.7 mi (23.6 km) away: Heathrow Airport (LHR). Local metro stations include Waterloo Underground Station and Lambeth North Underground Station.

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